SnerpaPower the first certified Independent Software Vendor (ISV) on Elma’s day-ahead market
About Elma
Elma orkuviðskipti operates an electricity market in Iceland and works to increase transparency, efficiency and access to organised electricity trading. The company offers a platform for trading in the day-ahead and intraday markets and supports more active price formation, increased participation by market participants and better utilisation of the electricity system.
SnerpaPower is a technology company and software provider that enables companies to use electricity in a more flexible and cost-efficient way. Its solutions support automated participation in electricity markets, reduce costs and increase the use of renewable energy. SnerpaPower works with energy companies and power intensive industries in the Nordics to better connect their operations with an evolving energy system.
SnerpaPower secures €3.4 million to help the largest electricity users turn electricity into a competitive advantage
We are excited to announce that SnerpaPower has secured €3.4 million to accelerate its European expansion. The funding includes a €3 million seed investment led by Encevo, with continued participation from existing investors Crowberry Capital and BackingMinds.
ALUMINIUM Global Exhibition 2026: What You Need to Know
The aluminium industry's biggest challenges rarely sit neatly within one department. Energy costs affect production economics. Decarbonisation targets influence investment decisions. Automation changes how plants monitor and manage increasingly complex operations. ALUMINIUM Global Exhibition 2026 brings many of these conversations together in Düsseldorf from 6 to 8 October.
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